Green Lakes, located in Jumeirah Lake Towers (JLT) Dubai, is a popular destination for luxurious apartments with stunning views. The development is in front of the championship Emirates Golf Course and opposite Dubai Marina, giving residents quick access to some of Dubai’s most well-known sites.
Some key features of Green Lakes include:
- Upscale freehold apartments ranging from one to three bedrooms
- Spectacular modern buildings set in landscaped gardens
- Sweeping lobbies and a selection of boutiques and restaurants
- Access to a range of amenities, including a gym, swimming pool, and children’s play area
Green Lakes is also conveniently located near numerous shopping, dining, and entertainment choices, making it a superb choice for those seeking a vibrant lifestyle in the heart of Dubai. With its stunning views, luxurious amenities, and convenient location, Green Lakes is a top choice for those seeking upscale living in JLT Dubai.
Overview of Green Lakes
Location and Accessibility
Green Lakes is a residential complex in Dubai’s Jumeirah Lake Towers (JLT) community. It is situated in a spectacular location, directly opposite the championship Emirates Golf Course and opposite the Dubai Marina. The complex is accessible via Sheikh Zayed Road, a short distance from the Dubai Metro.
Green Lake Towers Description
Green Lakes is a cluster of three high-rise towers offering a mix of apartments and penthouses. The towers are known for their modern architecture, lavish amenities, and extraordinary views of the surrounding lakes and skyline. Each tower has its sweeping lobby and a selection of boutiques and restaurants.
The tallest building in the complex is the 39-story Green Lakes Tower 2, while the other two buildings are 34 stories high. The complex has 720 residential units, ranging from one to three bedrooms, and each unit is designed to maximize space and natural light.
The complex offers various amenities, such as a gym, swimming pool, and children’s play area, and is situated in exquisitely designed gardens. Residents also have access to various retail and dining options within the complex.
Overall, Green Lakes offers a luxurious and convenient lifestyle in one of Dubai’s most sought-after locations.
Real Estate in Green Lakes
Types of Apartments
Green Lakes in JLT, Dubai, offers a range of freehold apartments in different sizes and layouts. The apartments are available in one, two, and three-bedroom configurations. These spacious apartments come with high-end finishes and modern amenities. The buildings in Green Lakes are known for their contemporary architecture and have sweeping lobbies and landscaped gardens.
Market Conditions
The real estate market in Green Lakes is robust, with a steady demand for apartments. The state of the market is advantageous to both sellers and buyers. The price of an apartment varies depending on several criteria, including location, size, and amenities. Prices are competitive. One must stay current on the most recent developments in the dynamic Green Lakes market to make wise judgments.
Buying and Selling Trends
The real estate market in Green Lakes is active, with a high volume of listings for both sale and rental transactions. The asking prices for apartments in Green Lakes are reasonable, and the rental prices are competitive. The transactional data from the Dubai Land Department (DLD) shows that the number of sales and rental transactions in Green Lakes has been consistent over the years. The listings for apartments in Green Lakes are available with leading real estate agencies such as Propertyshoma Real Estate and ASAM Development.
- The apartments in Green Lakes are available in one, two, and three-bedroom configurations.
- The prices of apartments in Green Lakes are competitive and depend on various factors, such as property size, location, and amenities.
- The market dynamics in Green Lakes are constantly changing, and it is vital to keep track of the latest trends to make intelligent decisions.
- The asking prices for apartments in Green Lakes are reasonable, and the rental prices are competitive.
- The transactional data from the Dubai Land Department (DLD) shows that the number of sales and rental transactions in Green Lakes has been consistent over the years.
- Leading real estate agencies like Propertyshoma Real Estate and ASAM Development offer apartment listings in Green Lakes.
Living in Green Lakes
Amenities and Facilities
Green Lakes in JLT Dubai offers several amenities and facilities that accommodate the residents’ requirements. The towers feature a modern design with a landscaped garden, providing a serene environment for its residents. The following are some of the amenities and facilities offered in Green Lakes:
- Swimming pools
- Sauna
- Spa
- Walkway
- Park
- Cafes
- Restaurants
- Retail outlets
Additionally, the towers provide both furnished and unfurnished apartments, allowing occupants to select the best option. The apartments have balconies, providing a beautiful view of the surrounding area.
Community Lifestyle
Green Lakes in JLT Dubai offers a vibrant community lifestyle that caters to the residents’ needs. The towers are in front of the championship Emirates Golf Course and opposite Dubai Marina, providing residents with a picturesque view of the surrounding area. The community offers a chiller-free environment, making it comfortable for residents.
The towers are also ready to move in so residents can move in immediately without any hassle. The community also features numerous restaurants, cafes, and retail outlets, providing residents various options.
In conclusion, Green Lakes in JLT Dubai is an ideal place to live for anyone looking for a serene environment with modern amenities and facilities. The towers offer furnished and unfurnished apartments with a beautiful view of the surrounding area. The community also offers a vibrant lifestyle with various restaurants, cafes, and retail outlets.
Apartments and Features
Apartment Layouts and Views
Green Lakes in JLT Dubai offers a variety of apartment layouts and views to cater to different preferences. The apartments range from 1 to 3 bedrooms and provide stunning views of the lake, marina, or full lake view. Some apartments also come with a balcony to enjoy the scenic views. The spacious apartments offer a large layout, making them ideal for families.
Condition and Furnishings
The apartments in Green Lakes are immaculate and in excellent condition. They are furnished with exquisite furnishings that add to their overall appeal. The apartments are on high floors, offering a stunning view of the surrounding areas. They are also vacant and ready for immediate occupancy.
The apartments in Green Lakes are vastu compliant, ensuring a positive flow of energy throughout the apartment. The apartments offer a full marina view, which is perfect for those who love to enjoy the beauty of the marina. Also, the apartments have large layouts, making them ideal for those who love a spacious living area.
Overall, the apartments in Green Lakes offer a stunning view, spacious living areas, and exquisite furnishings that add to their appeal.
Investment Opportunities
Green Lakes, JLT Dubai offers excellent investment opportunities for individuals seeking a prime location with high rental yields and favorable return on investment (ROI). The following subsections highlight some of the investment prospects in Green Lakes.
Rental Yields and ROI
Green Lakes is renowned for its high occupancy rates and strong rental yields, making it an attractive investment opportunity. Investors can earn up to 7.54% return on investment in Green Lakes 2, which can vary depending on the property’s size, location, amenities nearby, and changes in the real estate market. The high rental yields in Green Lakes are due to its strategic location in JLT, a popular residential and commercial hub in Dubai.
New Developments and Prospects
Green Lakes is a well-established community with a record of high rental yields and ROI. However, some new developments and prospects can offer even more investment opportunities. For instance, Green Lakes 3 offers upgraded and furnished 2-bedroom apartments with amazing views for sale. The Armada Tower 1, where the apartments are located, was validated for authenticity on 3rd June 2024. Investors can use the new developments to diversify their portfolios and increase their ROI.
Other prospects in Green Lakes include the availability of budget-friendly apartments and flexible payment plans. Investors can choose from various apartments that suit their budget and investment goals. Additionally, flexible payment plans make it easier for investors to acquire properties in Green Lakes without straining their finances.
In conclusion, Green Lakes, JLT Dubai offers excellent investment opportunities for individuals seeking high rental yields and favorable ROI. The strategic location, new developments, and prospects make it an attractive investment destination for local and international investors.
Nearby Educational and Recreational Facilities
Green Lakes, JLT Dubai, is an ideal residential community for families with children as it offers several educational and recreational facilities nearby. Here are some of the nearby facilities that residents can take advantage of:
Schools and Nurseries
- Emirates International School Meadows: This school is located in the Meadows community, just a short drive from Green Lakes. It offers a British curriculum from Pre-KG to Grade 12.
- Regent International School: Another school located in the neighboring community of The Greens, Regent International School offers an International Baccalaureate (IB) curriculum for students from Pre-KG to Grade 12.
- Dubai International Academy, Emirates Hills: This school is located in the nearby Emirates Hills community and offers an International Baccalaureate (IB) curriculum for students from Pre-KG to Grade 12.
For families with younger children, there are also several nurseries located nearby, including:
- Mosaic Nursery: Located in the JLT community, this nursery offers a play-based curriculum for children aged six months to 4 years.
- Learning Ladder Nursery JLT: This nursery is located in the JLT community and provides a British curriculum for children aged six months to 4 years.
- Dewdrops Nursery: Located in the neighboring community of Dubai Marina, Dewdrops Nursery offers a Reggio Emilia-inspired curriculum for children aged three months to 4 years.
- Top Nurseries: This nursery is located in the nearby community of The Greens and offers a Montessori-inspired curriculum for children aged six months to 4 years.
Parks and Leisure Spots
Green Lakes, JLT Dubai, has several parks and leisure spots, making it an ideal community for families who enjoy the outdoors. Some of the nearby parks and leisure spots include:
- JLT Park: This park is located within the JLT community and offers a serene environment for outdoor activities like jogging, cycling, and picnicking.
- Dubai Miracle Garden: Located just a short drive away from Green Lakes, Dubai Miracle Garden is a must-visit destination for families who enjoy spending time outdoors. It is home to over 45 million flowers and is the world’s most extensive garden.
- Dubai Marina: This waterfront community is just a short drive from Green Lakes and offers many leisure activities, including beach access, water sports, restaurants, and cafes.
Overall, Green Lakes, JLT Dubai, is an ideal community for families who value education and enjoy spending time outdoors. With several schools, nurseries, parks, and leisure spots nearby, residents can enjoy a well-rounded lifestyle in one of Dubai’s most sought-after residential communities.
Transportation and Connectivity
Public Transport Links
Green Lakes, JLT Dubai, is well-connected to public transportation, facilitating residents’ access to other areas of Dubai. The community is located near the DMCC metro station, which has been recently renamed from the JLT metro station. The metro station is just a few minutes from the community, facilitating access to other key areas of Dubai. The metro station is connected to the Red Line, the most efficient way to travel around the city.
In addition to the metro station, Green Lakes is also well-connected to bus services. The community has several bus stops nearby, facilitating residents’ access to other areas of Dubai. The buses are air-conditioned and comfortable, making it a convenient way to travel around the city.
Proximity to Key Locations
Sheikh Zayed Road, one of Dubai’s primary highways, is close to Green Lakes, JLT Dubai. Thanks to this, residents may now easily go to various sections of the city. The community is also located near Dubai Marina, a popular tourist destination in Dubai. Residents can easily walk to Dubai Marina using the pedestrian bridge that connects JLT to Dubai Marina.
The community is also located near the Emirates Golf Course, a championship golf course in Dubai. The golf course is just a few minutes walk from Green Lakes, making it easy for enthusiasts to enjoy the sport. The Dubai International Airport is approximately a 30-minute drive away, making it easy for residents to travel internationally.
Local Amenities and Attractions
Dining and Shopping
There are plenty of food and retail options at Green Lakes in JLT to suit a wide range of tastes and interests. The well-liked shopping attraction, Dubai Marina Mall, is a short drive from the property. Visitors can find many shops, including high-end fashion brands, electronics, and home decor.
Green Lakes residents have an array of dining options. There are numerous cafes and restaurants in the area, serving a variety of cuisines from around the world. Some of the popular options include:
- Caribou Coffee
- Circle Cafe
- Nais Italian Kitchen
- McGettigan’s Irish Pub
Entertainment and Nightlife
Green Lakes is located in the vibrant community of JLT, which offers plenty of entertainment and nightlife options. Visitors can take in the extraordinary views of the water from one of the many parks in the neighborhood or stroll along the promenade by the lake.
For those looking for a night out, numerous bars and clubs in the area offer multiple music and entertainment options. Some of the popular options include:
- Stereo Arcade
- Lock, Stock & Barrel
- The Irish Village
Green Lakes at JLT provides a convenient location with quick access to many facilities and attractions. Whether you are looking for a place to shop, dine, or enjoy a night out, this vibrant community has something for everyone.
Frequently Asked Questions
What are the typical rental prices for apartments in Green Lakes Towers?
The typical rental prices for apartments in Green Lakes Towers vary depending on the size and type of apartment. However, according to recent data, the average rental price for a one-bedroom apartment in Green Lakes Towers is around AED 75,000 annually. The rental prices for two-bedroom apartments start at around AED 100,000 per year, while three-bedroom apartments can be rented for around AED 150,000 per year.
How do the Green Lakes Towers compare in terms of resident reviews?
Green Lakes Towers has received positive reviews from residents. Many residents praise the towers for their prime location, modern facilities, and spacious apartments. The towers are also known for their well-maintained common areas and friendly staff.
What is the price range for purchasing an apartment in Green Lakes Towers?
The price range for purchasing an apartment in Green Lakes Towers varies depending on the size and type of apartment. However, according to recent data, the average price for a one-bedroom apartment in Green Lakes Towers is around AED 1,200,000. The price range for two-bedroom apartments starts at around AED 1,800,000, while three-bedroom apartments can be purchased for around AED 2,500,000.
What amenities are available in Green Lakes S1 Tower?
Green Lakes S1 Tower offers a range of amenities to its residents, including:
- Swimming pool
- Gymnasium
- Sauna and steam rooms
- Children’s play area
- 24-hour security
- CCTV surveillance
- Covered parking
What types of apartments are available for sale in Green Lakes Towers?
Green Lakes Towers offers a variety of apartments for sale, including one, two, and three-bedroom apartments, duplexes, and triplexes.
What are the facilities and amenities offered to residents of Green Lakes Towers?
Green Lakes Towers offers a range of facilities and amenities to its residents, including:
- Swimming pool
- Gymnasium
- Sauna and steam rooms
- Children’s play area
- 24-hour security
- CCTV surveillance
- Covered parking
- High-speed elevators
- Concierge services
- Intercom system
- Central air conditioning
- Maintenance services
Green Lakes Towers offers residents a lavish living experience with various modern facilities and amenities.
Explore IDX Solutions with Dubai MLS
IDX, or Internet Data Exchange, is vital to the collaborative nature of the real estate industry, permitting the sharing and displaying of property listings on websites. Let’s delve into the nuances of IDX and its effect on the real estate environment.
